About your Search

20110701
20110731
Search Results 0 to 1 of about 2 (some duplicates have been removed)
pension promises in the 1990s, big promises that they can't pay for, most of those politicians are gone now and the current politicians are stuck with the problems. it is a dysfunctional system because you make promises now that have to be paid for 10, 20 years in advance. >> what is going happen. some cases they are saying new employees we are going to pay you less but in order to stiff the older employees this happened to you they have to declare bankruptcy and get reorganized bay judge who says okay, you can -- doesn't seem fair that your city has a golf course they are losing money on. they didn't get rid of that. >> should sell that. >> they should sell that. >> and now finally paying a third of what they promise. >> exactly. >> are you happy with that? >> no, i'm not. not at all. >> and part of the problem is what you have to do is do this in a way that fixes the system now by reduces the costs now for those people who are currently work something that you can continue to pay your retirees otherwise you still have the situation where you say we will save the system for the people
Search Results 0 to 1 of about 2 (some duplicates have been removed)